Quintet appoints Dr. Thomas Heinzl as Group CEO

The Board of Directors of Quintet Private Bank announced today that it has appointed Dr. Thomas Heinzl as Group CEO, succeeding Chris Allen.

Heinzl, 55, is currently Chief Financial Officer, Chief Risk Officer and a member of the Executive Committee of Bank Vontobel in Switzerland. He joined Vontobel in 2020 after working as Chief Operating Officer of UBS Asset Management and COO of UBS Europe, Middle East & Africa.

Heinzl earlier worked for 12 years at McKinsey & Company in Zurich, San Francisco and other locations, ultimately becoming a partner responsible for advising leading global financial institutions. He studied computer science at ETH Zurich and business administration at the University of St. Gallen (HSG), obtaining his doctoral degree in 1998.

Hugo Bänziger, Chairman of the Board of Directors of Quintet Private Bank, said: “We are delighted to have attracted Thomas Heinzl, a highly respected and recognized leader in our industry who has extensive experience in global asset management. He has proven his ability to design and successfully implement transformative strategic changes. At the same time, he embodies an entrepreneurial spirit marked by ambition and drive. We are convinced that Thomas and his future team will be able to quickly and sustainably realize the extensive potential of our group.” 

Heinzl will assume his responsibilities as Group CEO in the second quarter of 2026. He will succeed Chris Allen, who has led Quintet since 2022 and will leave the bank at the end of March 2026 to embark on a new chapter in his professional journey. 

Bänziger said: “The Board of Directors would like to thank Chris for his work for the group. During his tenure, he made a significant contribution to steering Quintet through challenging times, returning the bank to year-on-year profitability and preparing the foundation for long-term growth. We wish him every success in his future professional endeavors and personal life.”

About Quintet

Quintet Private Bank (Europe) S.A. is a pan-European private banking and wealth management group headquartered in Luxembourg and operating in more than 30 cities across six countries. Founded in 1949, Quintet blends the boutique character of traditional private banking with the scale and reach of a leading continental group, serving high net worth individuals, family offices, foundations, and institutional clients across the European Union and the UK. 

Quintet oversees total client assets exceeding €100 billion, reflecting its continued growth and strong client relationships. The firm maintains a robust capital position with a CET1 ratio of 21%, well above regulatory requirements, and reported a 2024 net profit of €68 million. 

Quintet operates under well-established local brands with deep local heritage: Merck Finck in Germany, InsingerGilissen in the Netherlands, 

For further information, please visit: www.quintet.com

For further information, please contact:

Nicholas Nesson
Group Head of Corporate Communications
Quintet Private Bank, Luxembourg
+352 621 831 307
nicholas.nesson@quintet.com